IBM said that in addition to releasing results, it will also make "a major business announcement." Bloomberg reported that IBM was about to pay Abu Dhabi's GlobalFoundaries $1.5 billion to take its unprofitable chip making unit off its hands.

As for Apple, it's launching Apple Pay Monday, allowing customers to pay for items with their iPhone 6s.

3. International markets overview:European markets are all declining in early trading after a slew of major European firms reported disappointing earnings. Many of the main indexes were down by about 1%.

Adidas(ADDDF) shares jumped 5% on a Wall Street Journal report that a consortium of investors was interested in buying its Reebok unit. Lufthansa(DLAKY) fell 1.3% as it was forced to cancel 1,500 flights due to a pilots' strike.

Asian markets all closed with gains, inspired by a Friday market rally in the U.S.

Japan's Nikkei surged by nearly 4%, supported by reports saying the country's massive public pension fund would funnel more money into the domestic stock market. There were also reports that the government may postpone a second increase in sales tax.

4. Friday market recap: After a week of steep declines, the Dow rose 263 points, or 1.6% Friday. The S&P 500 was up 1.3% and the Nasdaq jumped by about 1%.